“Our revenue manager is extremely professional and response times are outstanding with answers even I can understand, I wish I could get some of my own staff to get back to me this quickly. I highly recommend this service for those hotels that do not have the resources to hire a revenue manager”
Advantages of Virtual Revenue Management Services
Revenue management may be the last business process you consider outsourcing for convenience and efficiency. However, a yield management consulting company can guide you into deciding the best solutions for increasing profitability.In the hotel industry, outsourcing and consulting is not common. Hoteliers are inclined to hire direct employees within their organizations. But hotel revenue management can be improved with outside expertise. For instance, partnering with a yield management consulting company like RevOptimum can take the stress away from maximizing revenue by leveraging years of skilled experience and vast revenue management knowledge.
It’s important to hire the right hotel revenue management company because they are connoisseurs for understanding the hotel historical data, competitive set, and market trends. Which are key components to adjusting the ideal strategies to improve the company’s overall revenue and efficiency.
In transitionary periods, internal revenue managers can lose track of the big picture due to the daily distractions within the company. An external revenue manager has the priority to concentrate on developing tailored revenue management tasks, sales initiatives, direct bookings, and increasing revenues for the hotel. Outsourcing your hotel revenue management has a direct positive effect on profitability and efficiency in various situations and setting changes.
If your hotel budget can’t afford to hire a full-time revenue manager or a costly highly qualified expert, outsourcing hotel revenue management consulting is the perfect solution for quick profit gains without a long-term contract. Hotels without revenue managers can benefit from an exponential revenue boost with the advanced industry techniques provided by the expertise of the RevOptimum consultants. Another benefit that RevOptimum can bring to your company is saving on the employment expense of internal revenue managers, employment benefits, and filling gaps in employment leaves. RevOptimum offers a substantial opportunity of increasing revenue for hotels of any size through remote revenue management consulting.
Choosing RevOptimum as your hotel revenue management and yield management consulting company can guarantee significant revenue growth through sales and effective revenue strategies. RevOptimum has a talented, experienced, productive, and remarkable Revenue Management team ready to help you achieve, surpass, and sustain your hotel revenue goals. Contact RevOptimum today for more information on how to get started with hotel revenue and yield management consulting.
“At first I was skeptical but after a month we started seeing and immediate lift in RevPar and future business started to build, I wish we didn’t wait so long! Now I can get back to selling groups and corporate accounts full-time.”